Morgan Stanley's Q1 earnings surge

Posted online April 19, 2017 | 11:32 am

Morgan Stanley posted a 75 percent increase in first-quarter earnings to $1.84 billion.

Revenue from bond trading nearly doubled during the quarter following the interest rate hike by the Federal Reserve.

Earnings per share were $1, above analysts' expectations of 88 cents per share.

Read more from Reuters.

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